Cheniere Signs Lease For Office Space At 845 Texas Avenue In Houston
845 Texas Avenue, Houston, Texas 77002, United States
Building Size
151,490 SF
Asset Type
Office
Closing
Jun 27, 2022
AI
Cheniere, an energy company, has recently leased an office space located at 845 Texas Avenue in Houston. The property, owned by Hines & Ivanhoé Cambridge, offers a total area of 151,490 square feet. The lease transaction was finalized on June 28, 2022.
Summary of transation details
- Property Type: Office
- Transaction Amount: Not applicable
- Address: 845 Texas Avenue
- Market: Houston
- Square Footage: 151,490 SF
Jack Fusco, the representative of Cheniere, negotiated the lease agreement with the landlords, Hines & Ivanhoé Cambridge. The deal signifies Cheniere's expansion into the office space at 845 Texas Avenue.
Houston Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93